Care Home – Norfolk

£825,000

REF: 44197

Healthcare

Freehold

Delightful detached residential care home for the elderly registered for 14 residents

Fee income £292,654 per annum (y/e 31.05.18), EBITDA of £92,013 (31%)

Highly sought after & convenient setting, 13 bedrooms, with additional 2 bed owner’s accomodation

Excellent reputation, high occupancy levels and historically “Good” CQC reports. Retirement sale

This is an excellent opportunity to purchase a well-known and highly regarded care home for residents with learning disabilities and old age, which is located in a highly sought after and desirable town in the East of England.

The home occupies a pleasant setting within a prestigious and established residential area, with a selection of local amenities and the major commuter routes close at hand.

The home was established over 25 years ago and run by our client for over 7 years and during that time has earned an enviable reputation for providing high levels of care, support and dignity within a warm, secure environment. The business demonstrates an excellent trading record with historically high occupancy levels at or approaching capacity with regular referrals and recommendations.

There is an experienced team of qualified care staff in place which is another factor of the homes success and reputation.

The business operates from a substantial and highly visible detached Victorian property which has been carefully modernised and updated, offering spacious and neatly presented accommodation.

This is a successful business which generates healthy levels of fee income and would therefore represent an ideal purchase for an energetic hands on owner operator, or alternatively an excellent addition for an experienced operative who already has a presence within the care sector.

This first class opportunity is only now being offered for sale due to retirement and viewing is highly recommended to avoid disappointment.

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